US Treasury says no plans to block Chinese listings 'at this time'
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, August 6, 2019/Reuters
The United States does not currently plan to stop Chinese companies from listing on US exchanges, Bloomberg reported on Saturday, citing a US Treasury official.
"The administration is not contemplating blocking Chinese companies from listing shares on US stock exchanges at this time," said Treasury spokeswoman Monica Crowley.
Reuters reported on Friday that President Donald Trump's administration is considering delisting Chinese companies from US stock exchanges in a move that would be part of a broader effort to limit US investment in Chinese companies.
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The Treasury did not immediately respond to a Reuters request for comment.
